The silver movement came to a crisis in the election of 1896, and in 1900 was finally settled by what has come to be known as the Gold Standard Act. This act fixed the gold dollar, weighing 25.8 grains of standard gold, nine - tenths fine, as the standard unit of value, and provided that "all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard," and that "it shall be the duty of the Secretary of the Treasury to maintain such parity." The manner of keeping gold and silver at par is not defined, but the probable operation of the Treasury would be to stand ready to redeem one with the other.